The present study investigates the micellar catalytic effect of cationic surfactant i.e. Cetyl Trimethyl Ammonium Bromide (CTAB) on the oxidation of erythrose series sugar D- Allose by Sodium N-chloro-p-toluene sulfonamide in the presence of acetic acid at 303K. The reaction followed first order kinetics with respect to oxidant and fractional order to substrate in a particular concentration range. The reaction dependence on H⁺ ion concentration, addition of the reaction product, variation in ionic strength and dielectric constant of the medium was studied. The rate of reaction was influenced by a change in ionic strength of the medium and the dielectric effect. The micelle binding constant and positive co-operativity index for substrate have also been calculated. Different thermodynamic parameters have been computed and a plausible reaction mechanism consistent to the experimental findings, product analysis and reaction stoichiometry have been proposed.